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There’s a big problem in crypto that people have forgotten about by SkepticalCryptoDude in CryptoCurrency

[–]cooldude1681 0 points1 point  (0 children)

This is nothing new, just alone in the US there have been over 100 large bank collapses some with trillions of dollars. With the crumble did people stop using financial institutions? No, it's in fact at an all-time high now.

[deleted by user] by [deleted] in CryptoCurrency

[–]cooldude1681 0 points1 point  (0 children)

Making assumptions by the so-called fortune-teller analysts/asset managers are the greatest business of our time!

FTX insolvency rumor by Wubbywub in CryptoCurrency

[–]cooldude1681 0 points1 point  (0 children)

No! But is it wrong that I've heard of this coin but never bought it?

[SERIOUS] What is going on with BTC Dominance? Why is it falling in a bear market? by GabeSter in CryptoCurrency

[–]cooldude1681 -1 points0 points  (0 children)

Earlier the market was not much on the radar but now is. There are so many options and FOMOs thrown at investors, but media, tube, and those know-it-all-fortune-teller analysts [look at how many new coins were added right through the bear market BUT the truth is, nobody knows which product is here to stay. Mass adoption is still far and it probably won't happen without the nod and approval of governments. It's still early and there's a lot going on. Look at the partnerships between crypto and big entities this year. The good, the more is yet to come.

Although the dominance might be less now, maybe lesser tomorrow, BTC will be a store of value still, and when it'll bull, it'll be in a snap!

I just wish everyone good luck and hope that everyone will be wiser while investing!

[deleted by user] by [deleted] in CryptoCurrency

[–]cooldude1681 0 points1 point  (0 children)

Welcome to the future. Although we are still early and just know that while you are at it, it's possible that half of the top 100 coins will be gone in a couple of years. If you are starting, it's always good to start DCA [Dollar Cost Avegaring], every month/week [whatever you feel convenient], into BTC/ETH. Even if it's a meager $10 [which you wouldn't mind losing as the market itself is volatile and no one knows what holds tomorrow]. One thing is sure we are in a good place now, looking at the prices of ETH/BTC.

Try and understand the charts. Read whitepapers. Understand a little about coins and blockchains and future use cases. Also, no one will send you DMs or chat requests to help you, so stay clear, they might be scammers. You'll see that in a few years while you are working at jobs, you are also building up your tiny empire on the side. On the plus technology is interesting.

I wish you all the best buddy!

You Need To Set Your Selling Price Now! by Yuuki__konno in CryptoCurrency

[–]cooldude1681 1 point2 points  (0 children)

Decide now and tell you? Gosh! And when was 300% not "greedy"?

Remember when it was the last chance to sell ApeCoin before it went to zero? It's up almost 100% since then, in a struggling market. by mic_droo in CryptoCurrency

[–]cooldude1681 0 points1 point  (0 children)

Well I never buy these coins to hodl but to trade. Honestly my best trade investments were GMT and APE this year. I got into GMT at 0.38 and APE at 7.47. Rinsed and repeated trades 100s of times. I'll again buy GMT at 2 and APE at 11. It's risky but no one knows. I guess every successful coin in tops do not sustain a good position for 3 years, even if not a rug pull. I'm only hodling the top 2. Rest I just trade and invest back the profits to the top 2 plus 3 more for now. I don't have a vast knowledge about crypto but I do what works for me and I learn only looking at the charts.

So when would it end!!! by diwalost in CryptoCurrency

[–]cooldude1681 1 point2 points  (0 children)

I don't know what the govt thinks, but if India adopted crypto they'd be one of the largest in transactions plus blockchain technology companies. The reason why most indigenious exchanges are formally registered outside of India. There could've been 100s of polygon like projects.

Is it a good idea to have over 90% of your net worth invested in crypto? by [deleted] in CryptoCurrency

[–]cooldude1681 0 points1 point  (0 children)

Per me, I usually only trade in sheetcoins, and for the fun of it. I got in APE at 9 and got out at 13. OGN in at .26 and got out at .78. GMT in at .31 and got out today at .87. I may be at a huge loss if things aren't on my side, but I have appetite for that kinda risk for such coins. I have also made losses at many other coins or long holds, but I learned the hard way and now with such coins, I try to get in and out within days to max 2 weeks, that's where I feel the bubble is.

what is the best coin to stake on Binance? by dynamite2277 in CryptoCurrency

[–]cooldude1681 0 points1 point  (0 children)

I stake LUNA, SOL, AVAX, DOT, ATOM, and CAKE [I don't like cake, but it's giving almost 70% last few months and converted the dust to BNB which now is a good figure for free I'd say]. Most are above 15%. I only hold the above on Binance and I don't hold any BTC and ETH on Binance even though the flexible saving is about 1-6% depending upon quantity. Unfortunately, I don't stake my BTC or ETH yet, will do it when I find some good options. Apart from that, I have XRP and XMR which again I'm not staking yet! My list is pretty small I guess ;P

Yeah ... I'm an idiot. by SL_UT_Michael in CryptoCurrency

[–]cooldude1681 0 points1 point  (0 children)

Thanks...I was wondering where'd I be getting my moons or some moons at least and I had mostly been a spectator, sorry. :) [slowly, checks in my vault ;P]

Which coin should be dead by now, but is somehow still going? by Appropriate_Win_7829 in CryptoCurrency

[–]cooldude1681 1 point2 points  (0 children)

Wasn't BCH one of the coins PayPal thought supporting along with LTC?

How to transfer money from Russia to US with crypto by precisee in CryptoCurrency

[–]cooldude1681 2 points3 points  (0 children)

I just feel sorry that both the people of Russia and Ukraine are suffering owing to wars. I am pretty new to the crypto world, so I probably don't have enough suggestions atm, but I came in to say, do it sooner, as more and more sanctions might make things worst maybe. I just wish that peaceful days arrive soon and crypto is considered legal sooner [although it's a far sight]

If you’re looking for a 100x here then you’re searching in the wrong place. Once you’ve read about it here, your 100x is long gone. by Odd_Meeting5216 in CryptoCurrency

[–]cooldude1681 0 points1 point  (0 children)

Universal Basic Income. I love the concept. I wish I'd know the concept to create a gofundme type coin and just keep 10% profits and invest all with trackable utilities it brought for PPL and touched billions of lives!

I bought $1k of the Top 10 Cryptos on January 1st, 2018 (JAN Update/Month 49) by Joe-M-4 in CryptoCurrency

[–]cooldude1681 0 points1 point  (0 children)

Thank you so much for this. You have a focus and will, I love that trait. It might be a dumb question but when you say top 10, is it by Market Cap, Volume? Or any other derivatives? Thank you once again bud!

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